Stablecoins Could Hit $2 Trillion by 2028, Says U.S. Treasury Secretary Scott Bessent
The stablecoin market could be on the verge of explosive growth, according to U.S. Treasury Secretary Scott Bessent. While speaking before the Senate Appropriations Committee on June 11, Bessent forecasted that stablecoins could surpass a $2 trillion market cap by 2028, marking an 8X jump from the current $251 billion level. He emphasized the importance…